Unibank continues to promote a healthy lifestyle and support the development of sports in Armenia. Under the bank’s sponsorship, an open rock climbing championship was held in Armenia, featuring top athletes from various age categories.
The National Assembly of Armenia has elected Armen Ktoyan to the Central Bank of Armenia Board. His nomination was put forward by the parliamentary standing committee responsible for financial, credit, and budgetary matters.
Grant Akopian, Chief Financial Officer and Deputy Chief Executive Officer of Converse Bank, and a member of the Board of Trustees of BACEE, took part as a keynote speaker in the panel discussion “Regional Bank Executives Roundtable (CEE/SEE/Caucasus/Central Asia): Key to Success,” held as part of BACEE’s 50th Anniversary Conference.
The Central Bank of Armenia, with technical support from the European Bank for Reconstruction and Development (EBRD) and financial support from the Government of Japan, is implementing the Armenian Standard Derivatives Agreement (ASDA), which is governed by Armenian law and complies with international standards.
Converse Bank (Armenia) and Asia Alliance Bank (Uzbekistan) have officially launched a strategic partnership. On October 21, in Vienna, the parties signed two key agreements: one on the opening and management of international correspondent accounts, and another on cooperation in foreign exchange and money markets.
The loan portfolio of Armenia's banking system increased by 29.89% in the third quarter of 2025 compared to the same quarter of 2024, reaching AMD 7.16 trillion.
The combined loan portfolio of 17 Armenia-based commercial banks upped by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by the ARKA news agency.
Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.
With the support of Acba Bank, the sole greenhouse farm in the area is being developed in the village of Nor Yedesia, located in the Aragatsotn region with all technological operations managed by artificial intelligence, reported the bank's press service.
In August, commercial bank deposits and credit in Armenia grew 1.9 percent (mom), according to the World Bank's Armenia Monthly Economic Update – October 2025.
In September, the AMD/USD exchange rate remained stable mom, appreciating 1.2 percent in yoy terms, according to the World Bank's Armenia Monthly Economic Update – October 2025.
Armenia’s Central Bank (CBA) decided to keep the policy rate at 6.75 percent, while signaling a gradually easing cycle, with plans to reduce the refinancing rate to around 6.25 percent over the next 12 months.
ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.
Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.
Unibank continues to promote a healthy lifestyle and support the development of sports in Armenia. Under the bank’s sponsorship, an open rock climbing championship was held in Armenia, featuring top athletes from various age categories.
The National Assembly of Armenia has elected Armen Ktoyan to the Central Bank of Armenia Board. His nomination was put forward by the parliamentary standing committee responsible for financial, credit, and budgetary matters.
Grant Akopian, Chief Financial Officer and Deputy Chief Executive Officer of Converse Bank, and a member of the Board of Trustees of BACEE, took part as a keynote speaker in the panel discussion “Regional Bank Executives Roundtable (CEE/SEE/Caucasus/Central Asia): Key to Success,” held as part of BACEE’s 50th Anniversary Conference.
The Central Bank of Armenia, with technical support from the European Bank for Reconstruction and Development (EBRD) and financial support from the Government of Japan, is implementing the Armenian Standard Derivatives Agreement (ASDA), which is governed by Armenian law and complies with international standards.
Converse Bank (Armenia) and Asia Alliance Bank (Uzbekistan) have officially launched a strategic partnership. On October 21, in Vienna, the parties signed two key agreements: one on the opening and management of international correspondent accounts, and another on cooperation in foreign exchange and money markets.
The loan portfolio of Armenia's banking system increased by 29.89% in the third quarter of 2025 compared to the same quarter of 2024, reaching AMD 7.16 trillion.
The combined loan portfolio of 17 Armenia-based commercial banks upped by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by the ARKA news agency.
Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.
With the support of Acba Bank, the sole greenhouse farm in the area is being developed in the village of Nor Yedesia, located in the Aragatsotn region with all technological operations managed by artificial intelligence, reported the bank's press service.
In August, commercial bank deposits and credit in Armenia grew 1.9 percent (mom), according to the World Bank's Armenia Monthly Economic Update – October 2025.
In September, the AMD/USD exchange rate remained stable mom, appreciating 1.2 percent in yoy terms, according to the World Bank's Armenia Monthly Economic Update – October 2025.
Armenia’s Central Bank (CBA) decided to keep the policy rate at 6.75 percent, while signaling a gradually easing cycle, with plans to reduce the refinancing rate to around 6.25 percent over the next 12 months.
ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.
Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.
ARKA News Agency has released the 3rd Q 2012 press rating of 21 Armenian commercial banks, where Anelik Bank, VTB Bank (Armenia), Araratbank, Ameriabank and HSBC Bank Armenia are leaders
Armenian banks are gradually lowering their capital adequacy H1, and this may hobble development of the country’s banking sector already in 2013, according to Delovoy Express weekly
Ameriabank announced an unprecedented for the Armenian bank deal appearing not only as the bank issuing a letter of credit, but also the confirming bank
The inflation rate in November 2012 was 3.6% year over year mainly due to non-food prices hike at 5.8%, alcohol beverage and tobacco goods- 4.6%, and food- 3.8%, according to the National Statistical Service of Armenia
. Lending to Armenia’s resident economy by the commercial banks rose 0.2% in October from September to over 1 449 billion drams as of 30 October, according to the data published on Central Bank’s website
Armenia’s monetary base grew by 6.3% or more than 37.7bln drams to about 641.6bln drams in October against September, the National Statistical Service (ArmStat) reported
Average interest rate on loans was 14.6% in Armenia in October, which is an increase of 0.2 percentage points against September, Armenia’s Central Bank reported
Visa Inc. and MyUS.com have established partnership to make Armenian buyers’ shopping in U.S. Internet shops more comfortable, according to a report received by ARKA News Agency
